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Will the implementation of ESG reporting serve as a motivator for business entities to genuinely accelerate their green business transformation?

9 months ago in PhD Interview Question , PhD Research Proposal By Rohan

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Green business transformation

Can it serve as a motivating force for business entities to authentically expedite their green business transformation, and what factors influence the effectiveness of this motivation?

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By Virat Answered 9 months ago

ESG reporting has the potential to motivate green business transformation. Transparency in Environmental, Social, and Governance (ESG) practices can enhance accountability. However, its effectiveness depends on regulatory enforcement, investor scrutiny, and the integration of sustainable practices into core business strategies. Striking a balance between compliance and genuine commitment is crucial for long-term, impactful green transformations.

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